Question
Alcott Company has a contribution margin of 25%. The company desires to earn a profit of $50,000and has fixed costs of $120,000. What sales revenue
Alcott Company has a contribution margin of 25%. The company desires to earn a profit of $50,000and has fixed costs of $120,000. What sales revenue would have to be generated in order to earn the desired profit?
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
